Elon Musk, the brain behind Tesla, SolarCity, and SpaceX, has previously presented what he calls the fifth mode of transport - the Hyperloop.
Transportation
Iran plans to buy 90 jets per year: old fleet to be renovated
Media reports on Sunday reveal Iran's plans to buy up to 300 units of Boeing and Airbus planes to replace its antiquated fleet by purchasing at least 90 planes annually. An official of Iran's civil aviation agency projected that Iran would need between 400 and 500 planes in the next ten years.
Disruptive Legislation: France re-examines taxi law amid Uber's rise
France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.
Gogoro, the first smartscooter will start shipping its 400 pre-ordered units in Taipei
The company Gogoro will start shipping preordered Gogoro Smart Scooter in Taipei. The Taiwanese company started to accept orders on June 27 adding up Gogoro Plus, Gogoro's newest series in silver, blue, orange and yellow. The basic model costs $4000 while Gogoro Plus costs $4300.
Elon Musk points to faulty strut as likely cause of SpaceX rocket failure
Elon Musk has identified the possible reason why SpaceX's Falcon 9 rocket exploded mid-air on June 28th. And he says there's a valuable lesson to be learned.
Latest News
Google-owned online mapping company Waze is launching a carpooling pilot program in Israel where commuters pay fellow drivers a small fee for a ride to and from work.
Airbus (AIR.PA) signed an agreement on Thursday to set up its second plant on Chinese soil in a deal that the European planemaker hopes will lead to lucrative new plane orders.
Airbus (AIR.PA) won the Paris Airshow with a last-minute $14 billion deal to sell 110 jets to Hungary's Wizz Air on Thursday, diverting attention from a growing industry debate over how quickly a record backlog of jet orders can be built.
Boeing (BA.N) won breathing space for its struggling jumbo jet on Wednesday with a preliminary deal for 20 of its 747-8 freighters from Russian cargo airline Volga-Dnepr Group.
To enhance passengers in-fight entertainment experience, United States-based airline carrier, Virgin America is introducing its latest version of its "Red system", which works on an Android platform and uses a high resolution multi-touch screen, like today's smartphones. The Android-based entertainment systems also gets more storage capacity, more games, improved maps and surround sound technology from startup Dysonics.
Boeing Co (BA.N) is exploring a potential market of over 1,000 aircraft in a niche between its single-aisle 737 and wide-body 787, but has not decided whether to invest in a new jetliner, its sales chief said on Sunday.
Ride-hailing service Uber Technologies Inc plans to invest more than $1 billion in China this year as the controversial ride-hailing app looks to rev up growth in the world's second largest economy, an executive at the firm said on Friday.
Virgin Atlantic [VA.UL] plans to decide within six months on how to replace seven Boeing 747s it flies from London’s Gatwick airport, and could expand its overall fleet in the process, the British airline’s chief executive said Thursday.
Delta Air Lines Inc (DAL.N) is hoping to strengthen partnerships with carriers in South Korea, Mexico and Brazil, and it has been approached about investing in Japan's bankrupt Skymark Airlines, Delta's president Ed Bastian told reporters Monday.
